By Court Tuttle

You don’t have to look for very long before you discover about 100,000,000 blogs about making money online. Everyone and their dog is trying to teach the masses how to make money using the Internet.

I’ve been making a full-time income online for almost four years now and I find it very interesting when I watch people who are trying to learn. I also find it very disappointing and sad that there are so many people who have never made a dime. There are also a ton of people who have made a little money but haven’t made anything significant.

The Bloggers’ Formula For Making Money Online Is Seriously Flawed

If we want to examine what NOT to do, there’s a great group that we can look at. Most bloggers don’t make hardly anything yet and what’s funny about that is that they are the ones trying to teach everyone else. Here are some simple reasons why almost all bloggers fail:

• They have no plan. Most bloggers believe that they haven’t made money yet because they simply aren’t lucky. For some reason, people believe that the Internet allows them to make a lot of money just by being lucky and in my experience, it isn’t that way. My websites consistently produce over $20,000 per month and I know almost exactly how I make almost all of it. I had a plan, and I executed that plan. This is the reason bloggers will spend all day posting and reading other people’s sites, hoping for the big payout that never comes.
• They have no real marketing skills. No matter what you do to earn a living, you have to market yourself. If you can’t, it’s going to be really hard to find success. Most bloggers don’t have a clue about marketing themselves so no one ever wants to read their sites. If you want to learn how to make money online, you need to learn how to persuade. This will help you to sell and it will make your work a lot more interesting.
• They chase the wrong traffic. Most bloggers will chase traffic all day long. The main reason they do this is because they don’t test their income streams. If they did, they would know that social traffic doesn’t convert well to sales. However, social traffic is awesome for generating links. If bloggers would use their social traffic to generate links and then work on their SEO, they would have a much easier time making sales. Search traffic always converts better into sales and if you don’t believe that, it’s because you haven’t tested it.
• They have no focus. If you’re a blogger, I bet you have no idea how you are going to actually make money so you don’t know what to focus on. Since you don’t know what to focus on you waste 90% of the time you’re blogging. To make money with a blog you need to first get traffic, and then persuade that traffic to buy. Since most bloggers don’t want to sell anything they never reach their potential.

One of the hardest things about learning how to make money is asking for the sale. Most bloggers are afraid to, so they install Adsense and chase social traffic. Social traffic doesn’t click on ads, so it’s a huge waste of time. You can do this for the rest of your life and you’ll make very little. Search traffic on the other hand converts very nicely to Adsense clicks.

I personally make money because I will ask for the sale when I need to. Most of my money each month is made by selling products and services. If I wasn’t willing to ask for the sale I would make less than 10% of what I make. Relying on ad sales is never going to pay like selling affiliate products can.

Overall I guess I just want to see people develop a plan and stick to it. If they would, they would see how easy it really is to learn how to make money online.

Court provides detailed lessons about making money on the internet at The Keyword Academy.

Article Source: http://EzineArticles.com/?expert=Court_Tuttle
http://EzineArticles.com/?How-to-Never-Make-Money-Online&id=2107868